Urman v. Novelos Therapeutics, Inc.
District Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM & ORDER
GORTON, District Judge.
This is a putative federal securities class action brought pursuant to the Securities Exchange Act of 1934 (“Exchange Act”) on behalf of individuals who purchased or oth erwise acquired the common stock of Novelos Therapeutics, Inc. (“Novelos”) between December 14, 2009, and February 24, 2010 (“the Class Period”). Before the Court is defendants’ motion to dismiss the Amended Complaint.
I. Factual Background
Novelos is a biopharmaceutical company incorporated in Delaware with its principal place of business in Massachusetts. Harry S. Palmin (“Palmin”) is…
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